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what is the meaning of P/V Ratio?
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Answer Posted / veena m.s.
P stands for Profit & V stands for Volume in PV Ratio.
SP-VC
PV Ratio= -------
SP
where SP=Selling Price
VC=Variable Cost
and
SP-VC=Contribution
Thus,
Contribution
PV Ratio= --------------
Selling Price
| Is This Answer Correct ? | 4 Yes | 0 No |
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